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14 Nov 2018

EU panel backs 35 per cent CO2 cut for new trucks by 2030

Transportonline
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Draft rules need EU national governments' approval.

 

Brussels — European lawmakers have backed a target for a 35% cut in carbon dioxide emissions from new trucks by 2030 in a move dubbed as "highly alarming" by the region's automakers.

 

The decision by the European Parliament's environment committee on Thursday is part of EU's first-ever CO2 standards for trucks aimed at shifting transport energy away from oil, lowering carbon emissions and curbing the region's growing dependence on imported crude and products.

 

The target to slash emissions by 35% from 2019 levels is tougher than the cut proposed by the European Commission, which in May called for a cut of "at least 30%" in CO2 emission from trucks under draft regulations for heavy-duty vehicles.

 

At the time, the European Commission estimated that a 30% cut could save up to 170 million mt of oil between 2020 and 2040, equivalent to about 1.24 billion barrels of crude or 170,000 b/d over the 20 year period.

 

The committee also backed achieving a 20% cut by 2025, up from the EC's proposal of 15%.

 

The environment committee proposals would also set the 35% target as a legal requirement. Under the EC's original proposal, only the 2025 target was to be made legally-binding, while the 2030 target would be aspirational, until a review of the legislation due in 2022. Read more

 

 

Source: S&P GLOBAL

 

 

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